1st Step in a Predictive Analytics Implementation

This Week in Analytics: News

The Downward Trend Continues for U.S. Commercial Auto Insurance Losses, Predictive Analytics Making Small-Business Insurance Easier, Making digital insurance a reality, Valen Makes Insurance Human Again, Tips for CEOs Leading a Digital Transformation

The Downward Trend Continues for U.S. Commercial Auto Insurance Losses

U.S. commercial auto insurance losses have already been high for some time. They grew even worse, in 2016, hitting depths the sector hasn’t seen in 15 years.
Read the full article…

Predictive Analytics Making Small-Business Insurance Easier

The insurance technology space has emerged as one of the largest innovation ecosystems globally, with $4.74 billion invested in the space since 2011. InsurTech’s use of big data, paired with predictive analytics, has revolutionized the buying process by bringing it online. Read the full article…

Making digital insurance a reality

Top-level executive commitment is the biggest key to an analytics culture taking shape at insurance companies, according to Peter Bothwell, advanced analytics and BI executive at The Hartford. Read the full article…

Valen Makes Insurance Human Again

Small businesses can benefit big if they’re insured by a company that partners with Valen. Why should every client pay the same premium when they all have different risks and needs? With a winning hybrid of human and artificial intelligence, Valen uses predictive analytics to help property and casualty insurance carriers give small businesses the coverage they deserve at a price that makes sense. Read the full article…

Tips for CEOs Leading a Digital Transformation

Digital transformation requires new ways of working, not just new technology. CEOs must be able to learn from digital natives, improvise, be agile and enable autonomy, says a new article from Boston Consulting Group. Read the full article…